Fiat Chrysler Unveils Five-Year Plan to Invest in Electric, Self-Driving Vehicles

Auto maker forecasts up to a doubling of income and double-digit profit margins by 2022

BALOCCO, Italy—Fiat Chrysler Automobiles NV said Friday it will fund new investments in electric and self-driving cars by bringing vehicle financing in-house and boosting global sales of SUVs and pickup trucks.

As part of a new five-year business strategy, the company said its operating profit could double to €16 billion ($18.71 billion) by 2022, with profit margins rising to double digits from 6.8% today.

Chief...